$425,000
Pending

311 Palomas Drive NE

Albuquerque, NM 87108
4226 sqft | 2 beds | 0.22 acres | #1073663
Browse 31 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Residents love the complex's private and secluded courtyard entry, the circular driveway and off-street parking options, the bonus exterior storage assigned to each apartment, and the large private yard spaces, almost as much as the quality and unique architectural finishes in each apartment. All units are separately metered for gas and electric and feature small slat oak floors, original custom tile, built-ins, and well-preserved vintage fixtures throughout. The residence at 309 Palomas NE has just been renovated to make the ideal owner occupancy apartment while also demonstrating where value-add renovation work will take the next investor with a market rent that is over 50% higher than the other 3 units.An owner occupant, w/ 3.5% down payment and a 30 yr amtz, could live here for $750

  • Property Details
      • Utility FeaturesElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected
      • SubdivisionTijeras Place Addition
      • Property TypeMulti-Family
      • Exterior MaterialsLandscaping
      • CountyBernalillo
      • Property SubtypeQuadruplex
      • Original List Price$425,000
      • MLS #1073663
      • MLS #1073663
      • Taxes Annual$2,969
      • Cost425000
      • Acres0.22
      • Square Feet4226
      • Year Built1957
      • Bedrooms2
      • Stories1

Location

Ken Green | Coldwell Banker LegacyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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